RRA Capital, a direct lender focused on middle market commercial real estate bridge lending, today announced the appointment of Cesar Villaveces as Managing Director, Head of Asset Management. Villaveces joins RRA from PIMCO, where he spent more than 15 years across the firm’s public and private real estate businesses.
RRA Capital originates and manages short-term bridge loans secured by transitional commercial real estate assets across the U.S. Villaveces will report to Ted Van Brunt, Chief Investment Officer, and work closely with the firm’s investment team to support underwriting, portfolio construction, and asset-level execution. He joins RRA at a time of renewed activity in commercial real estate credit markets, as bridge lending and structured credit strategies continue to gain momentum.
Villaveces brings over 20 years of institutional credit experience and hands-on asset management expertise across debt and equity investments, including structured credit, CMBS, and CRE CLOs. He has extensive experience underwriting and managing portfolios across multiple property types and geographies. At PIMCO, he played a key role in originating and managing complex real estate credit investments across the U.S. and Latin America and overseeing those portfolios through multiple market cycles.
Earlier in his career, Villaveces held roles at Tricadia Capital, Citigroup Global Markets, and Sterling Equities, where he developed expertise in CMBS credit analysis, loan origination, and real estate acquisitions. He holds an MBA in Finance and Real Estate and an MS in Civil Engineering from Columbia University, as well as a BS in Civil Engineering from Universidad de Los Andes in Bogotá, Colombia.
“Cesar’s experience managing institutional real estate credit portfolios at scale will be a meaningful addition to our platform as we continue to grow,” said Marc Grayson, President and Co-Founder at RRA Capital. “His background across structured credit and asset management positions him well to enhance our portfolio oversight and support our borrowers through a range of market conditions.”
In his new role, Villaveces will lead asset management strategy for RRA’s portfolio, overseeing risk management, portfolio performance, and borrower relationships across the firm’s bridge lending platform. His appointment reflects RRA’s continued investment in institutional infrastructure as the firm scales its national bridge lending platform.
“RRA has built a strong reputation as a disciplined lender in the middle market,” said Villaveces. “I look forward to working with Ted and the team to further strengthen the firm’s asset management capabilities and support continued growth of the platform.”
About RRA Capital
RRA Capital originates and manages short-term bridge loans secured by transitional commercial real estate assets, with a focus on middle market transactions across major U.S. markets. Founded in 2008, the firm has originated over $2 billion across a series of separate managed accounts and funds, with offices in Phoenix and New York. RRA serves a national network of capital markets professionals and institutional investors, including family offices, pensions, insurance companies, and RIAs. Learn more at www.rracapital.com.
Disclaimer
This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Offers are made only to verified accredited investors pursuant to Rule 506(c) of Regulation D under the Securities Act of 1933 and are subject to final offering documentation.
Media Contact
Hallie White
Director of Marketing, RRA Capital
hwhite@rracapital.com

